Nilesat...Introduction

The Egyptian Satellite Co. Nilesat was established in 1996, for the purpose of operating Direct-To-Home (DTH) Broadcasting Satellites and their associated ground control and up-linking facilities.

Historical Background

	The Egyptian satellite company Nilesat was established in July 1996.
	Nilesat 101 was launched on Arian 4 from the French Guyana in April 1998.
	Nilesat has two ground stations to control and fix the satellite in its orbital position:

		The primary station: in 6th of October City.
		The backup station: in El-Hammam City (Alexandria)

Capital:

	Licensed: 500 million US$
	Issued: 100 million US$
	Increased to: 170 million US$

Owners:

	The Egyptian Radio and Television (ERTU) 40%
	The Egyptian Company For Investment Projects (ECIP) 15%
	Arab Organization for Industrialization 10%
	The National Bank of Egypt 7.5%
	Cairo Bank 7.5%
	Public Subscription 20%

The 11 members of the board are:

	5 members representing the ERTU.
	2 members representing the Egyptian Company for Investment Projects.
	1 member representing the Arab Organization for Industrialization.
	1 member representing the National Bank of Egypt.
	1 member representing Cairo Bank.
	1 member representing public subscription.